REGISTERED NUMBER: 00559387 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

ELLIS & COMPANY (MOTORS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs B J Johnston

R Evans

SECRETARY:

Mrs B J Johnston

REGISTERED OFFICE:

New Park Farm

Northaw Road West

Northaw

Potters Bar

Hertfordshire

EN6 4NT

REGISTERED NUMBER:

00559387 (England and Wales)

ACCOUNTANTS:

Cox & Co. (Accountancy) Limited

Chartered Accountants

The Granary

High Street

Turvey

Bedford

Bedfordshire

MK43 8DB

FIXED ASSETS

Tangible assets

4

5,798,681

5,749,734

CURRENT ASSETS

Debtors

5

461,389

461,389

Cash at bank

74,148

20,934

535,537

482,323

CREDITORS

Amounts falling due within one year

6

742,551

739,755

NET CURRENT LIABILITIES

(207,014

)

(257,432

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,591,667

5,492,302

CAPITAL AND RESERVES

Called up share capital

1,902

1,902

Retained earnings

5,589,765

5,490,400

SHAREHOLDERS' FUNDS

5,591,667

5,492,302

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 April 2026 and were signed on its behalf by:

Mrs B J Johnston - Director

1.	STATUTORY INFORMATION

Ellis & Company (Motors) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 April 2025

5,511,544

257,499

5,769,043

Additions

-

69,169

69,169

Disposals

(20,000

)

-

(20,000

)

At 31 March 2026

5,491,544

326,668

5,818,212

DEPRECIATION

At 1 April 2025

-

19,309

19,309

Charge for year

-

222

222

At 31 March 2026

-

19,531

19,531

NET BOOK VALUE

At 31 March 2026

5,491,544

307,137

5,798,681

At 31 March 2025

5,511,544

238,190

5,749,734

Cost or valuation at 31 March 2026 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2019

4,664,173

-

4,664,173

Valuation in 2023

(55,790

)

-

(55,790

)

Cost

883,161

326,668

1,209,829

5,491,544

326,668

5,818,212

The accounts are prepared under Financial Reporting Standard (FRS) 102 (1A). This requires that investment property is recorded at fair value. In previous year's the exemption that fair value cannot be measured reliably without undue cost or effort, was taken advantage of which required the cost basis to be used. However, a valuation was obtained at considerable cost at 31 March 2019 and these valuations form the investment property asset value in these accounts.

The valuation was carried out by an independent professional valuer who is FRICS qualified.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

461,389

461,389

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

604,640

624,954

Taxation and social security

120,337

79,436

Other creditors

17,574

35,365

742,551

739,755

7.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

604,640

624,954

The bank holds security in the form of a debenture and legal charges over the property of the company.

8.	RELATED PARTY DISCLOSURES

The Trustees of L N Johnston (Deceased) own 1901 shares which is a majority shareholding and controlling interest of Ellis & Co (Motors) Ltd. The Trustees of L N Johnston (Deceased) owe £461,389 (2025 £461,389) to Ellis & Co (Motors) Ltd and this is included in other debtors in the accounts.

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by the Trustees of the Late L N Johnston.